Estate Realties Ltd v Wignall - [1991] 3 NZLR 482

Equity — Fiduciary relationship — Sharebrokers acquired shares from a client without disclosing to client that they were acquiring the shares beneficially — Whether sharebrokers owed a fiduciary duty to client — Whether sharebrokers were in breach of their fiduciary duty by failing to disclose to client their interest in the shares — Whether sharebrokers should account to the client for any profits made by them.